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Korea, South News - Business, Taxation & Offshore


EU Accused Of Tax Blacklist Hypocrisy

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 41 hours ago | Monday, December 11, 2017

An umbrella body for non-governmental organizations in Finland has criticized the European Union for not including member states on its tax blacklist when several EU countries have laws in place that encourage corporate tax avoidance.Read Full Story


South Korean Budget Aims For Tax 'Fairness'

by Mary Swire, Tax-News.com, Hong Kong

Thursday, December 7, 2017

South Korea's highest-earning companies will see their tax rate rise from 22 percent to 25 percent next year, as part of President Moon Jae-In's commitment to reducing economic inequality.Read Full Story


Offshore IFCs Absent From EU's New Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 5, 2017

EU member states have agreed to a new EU list of non-cooperative tax jurisdictions, featuring 17 jurisdictions and notably relatively few offshore financial centers.Read Full Story


Technology Cutting Tax Compliance Burden: Paying Taxes 2018

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, November 28, 2017

The use of technology by business and government in tax compliance is driving continued simplification and reduction in the burden of tax compliance on businesses, says Paying Taxes 2018, a report by The World Bank Group and PwC.Read Full Story


US Trade Commission Recommends Tariffs On Korean Washers

by Mike Godfrey, Tax-News.com, Washington

Tuesday, November 28, 2017

The US International Trade Commission has unanimously recommended tariffs of up to 50 percent on large washers imported from Korea.Read Full Story


Hong Kong, ASEAN Nations Sign Free Trade Deal

by Mary Swire, Tax-News.com, Hong Kong

Monday, November 13, 2017

Hong Kong has signed a new free trade agreement with the Association of Southeast Asian Nations, which is expected to become effective from January 2019.Read Full Story


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